Oct business inv +0.6%, as expected by and..>

US DATA: Oct business inv +0.6%, as expected by analysts and an MNI 

projection after the release of the factory and wholesale data. Sept inv 

rev up to +0.5% vs prev +0.3%. 

- Retail inv rev down to +0.8% from +0.9% in the advance estimate.

- Total business inv ex retail auto +0.5%; retail inv ex auto +0.7%, 

unrev from advance estimate, but auto inv rev down to +1.1% vs adv +1.2%

- The other retail inv components were all higher, while the 

unpublished retail inv components category +0.5% based on an MNI calc.

- Business sales only +0.3%, so inv/sales ratio rose to 1.35 from 1.34 

in Sept, but down from 1.36 a year ago.